Recent Analysts’ Ratings Changes for Williams-Sonoma (WSM)

Posted by Amber O'Connor on Dec 11th, 2024

Several brokerages have updated their recommendations and price targets on shares of Williams-Sonoma (NYSE: WSM) in the last few weeks:

11/21/2024 – Williams-Sonoma had its price target raised by analysts at Barclays PLC from $116.00 to $123.00. They now have an “underweight” rating on the stock.
11/21/2024 – Williams-Sonoma had its price target raised by analysts at Royal Bank of Canada from $162.00 to $189.00. They now have an “outperform” rating on the stock.
11/21/2024 – Williams-Sonoma had its price target raised by analysts at Telsey Advisory Group from $165.00 to $190.00. They now have an “outperform” rating on the stock.
11/21/2024 – Williams-Sonoma had its price target raised by analysts at Wedbush from $135.00 to $175.00. They now have a “neutral” rating on the stock.
11/21/2024 – Williams-Sonoma had its price target raised by analysts at Evercore ISI from $140.00 to $180.00. They now have an “in-line” rating on the stock.
11/21/2024 – Williams-Sonoma had its price target raised by analysts at Loop Capital from $145.00 to $180.00. They now have a “hold” rating on the stock.
11/21/2024 – Williams-Sonoma had its price target raised by analysts at Wells Fargo & Company from $140.00 to $165.00. They now have an “equal weight” rating on the stock.
11/21/2024 – Williams-Sonoma had its price target raised by analysts at TD Cowen from $165.00 to $195.00. They now have a “buy” rating on the stock.
11/19/2024 – Williams-Sonoma had its price target raised by analysts at JPMorgan Chase & Co. from $136.00 to $145.00. They now have a “neutral” rating on the stock.
11/15/2024 – Williams-Sonoma had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $165.00 price target on the stock.
11/8/2024 – Williams-Sonoma had its price target lowered by analysts at Citigroup Inc. from $140.00 to $134.00. They now have a “neutral” rating on the stock.
10/30/2024 – Williams-Sonoma was downgraded by analysts at Wedbush from an “outperform” rating to a “neutral” rating. They now have a $135.00 price target on the stock, down previously from $150.00.

Williams-Sonoma Stock Up 2.0 %

Shares of NYSE:WSM traded up $3.82 on Wednesday, reaching $190.57. The company had a trading volume of 1,898,702 shares, compared to its average volume of 1,965,607. Williams-Sonoma, Inc. has a twelve month low of $94.63 and a twelve month high of $192.83. The stock has a 50-day moving average price of $150.04 and a 200 day moving average price of $146.69. The stock has a market capitalization of $23.46 billion, a P/E ratio of 22.54, a P/E/G ratio of 2.87 and a beta of 1.81.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, October 18th were given a $0.57 dividend. The ex-dividend date of this dividend was Friday, October 18th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.20%. Williams-Sonoma’s dividend payout ratio is currently 26.97%.

Insiders Place Their Bets

In related news, CFO Jeffrey Howie sold 3,160 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $177.39, for a total transaction of $560,552.40. Following the completion of the transaction, the chief financial officer now owns 46,388 shares of the company’s stock, valued at approximately $8,228,767.32. The trade was a 6.38 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $130.49, for a total value of $5,219,600.00. Following the transaction, the chief executive officer now directly owns 990,956 shares of the company’s stock, valued at $129,309,848.44. This represents a 3.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 83,160 shares of company stock valued at $11,590,952 over the last quarter. Insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Williams-Sonoma

Large investors have recently made changes to their positions in the business. Oppenheimer & Co. Inc. lifted its position in shares of Williams-Sonoma by 186.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,536 shares of the specialty retailer’s stock worth $1,167,000 after purchasing an additional 4,901 shares during the last quarter. OneDigital Investment Advisors LLC increased its stake in Williams-Sonoma by 97.1% during the third quarter. OneDigital Investment Advisors LLC now owns 6,167 shares of the specialty retailer’s stock valued at $955,000 after acquiring an additional 3,038 shares during the period. Intech Investment Management LLC increased its stake in Williams-Sonoma by 27.2% during the third quarter. Intech Investment Management LLC now owns 38,512 shares of the specialty retailer’s stock valued at $5,966,000 after acquiring an additional 8,237 shares during the period. Pacer Advisors Inc. increased its stake in Williams-Sonoma by 118.7% during the third quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock valued at $326,931,000 after acquiring an additional 1,145,410 shares during the period. Finally, Cerity Partners LLC increased its stake in Williams-Sonoma by 67.4% during the third quarter. Cerity Partners LLC now owns 29,959 shares of the specialty retailer’s stock valued at $4,641,000 after acquiring an additional 12,061 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.